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Trinex Minerals Receives Approval for Dudley Lithium Drilling

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Trinex Minerals Receives Approval for Dudley Lithium Drilling

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Todd River Resources Ltd. ( (AU:TX3) ) has shared an update.

Trinex Minerals Limited has received statutory approval to conduct a Reverse Circulation drilling program at the Dudley Lithium Project on Kangaroo Island, South Australia. This advancement follows a Landowner Access and Compensation Agreement and aims to explore high-priority targets identified through previous soil sampling. The program seeks to engage contractors who adhere to best environmental practices. Additionally, Trinex has decided to discontinue further commitments to the Gibbons Creek uranium project in Canada, indicating a strategic focus shift.

More about Todd River Resources Ltd.

Trinex Minerals Limited is a company operating in the mining industry, with a focus on exploring and developing mineral resources. The company’s primary interest lies in lithium and other minerals, with projects such as the Dudley Lithium Project in South Australia.

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$3.76M

See more insights into TX3 stock on TipRanks’ Stock Analysis page.

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